BAE Systems (LON:BA) Given Hold Rating at Jefferies Financial Group

BAE Systems (LON:BA)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They presently have a GBX 2,100 price target on the stock. Jefferies Financial Group‘s price target indicates a potential upside of 9.52% from the company’s current price.

Several other equities analysts have also commented on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 2,200 price target on shares of BAE Systems in a research report on Tuesday, August 11th. Deutsche Bank lifted their price target on shares of BAE Systems from GBX 2,140 to GBX 2,325 and gave the company a “hold” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of BAE Systems from GBX 2,400 to GBX 2,450 and gave the company an “overweight” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 2,275.

BAE Systems Price Performance

BA opened at GBX 1,917.50 on Thursday. The company’s 50 day simple moving average is GBX 1,957.63 and its 200 day simple moving average is GBX 2,027.31. The company has a debt-to-equity ratio of 73.96, a quick ratio of 0.91 and a current ratio of 1.02. BAE Systems has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The stock has a market capitalization of £59.36 billion, a PE ratio of 32.90, a P/E/G ratio of 3.33 and a beta of 0.01.

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.